You just won the lottery The prize is 20 equal payments of $50,000 with the first to be received today What is the present value of the prize if the discount rate is 8 ...

Heres how to calculate the present value of the lottery prize 1 Formula We can use the formula ...

You just won the lottery. The prize is 20 equal payments of $50,000 with the first to

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You just won the lottery. The prize is 20 equal payments of $50,000 with the first to be received today. What is the present value of the prize if the discount rate is 8%?

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Mar 01, 2024 12:22 AM

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You just won the lottery. The prize is 20 equal payments of $50,000 with the first to

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Microeconomics An Intuitive Approach with Calculus

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